/cloudfront-us-east-1.images.arcpublishing.com/morningstar/GG3LLEIRLBBGNJDCL5XALA75PE.png?w=1200&resize=1200,675&ssl=1 "Cisco Reports Strong Earnings And Positive Outlook, Splunk Inclusion Supports Our Long-Term Thesis")
In a recent article by Morningstar, the Key Metrics for Cisco Systems were discussed. Despite weak networking demand caused by over-orders from customers in 2022 and 2023, Cisco’s fiscal third-quarter results were in line with expectations. The integration of the Splunk acquisition into the model following its closure in March contributed to a positive outlook. … Read more
:max_bytes(150000):strip_icc()/GettyImages-1634408872-41f39453f1df4512a6add34c6fa8b1b5.jpg?w=1500&resize=1500,1000&ssl=1 "Broadcom Stock Surges on Strong Revenue Performance and Announces Stock Split")
Broadcom reported second-quarter revenue of $12.49 billion, beating analyst estimates. However, earnings came in lower than projected, at $2.12 billion, or $4.42 per share. The company highlighted that revenue from artificial intelligence products hit a record high of $3.1 billion during the quarter. In response to the strong performance, Broadcom announced a 10-for-1 forward stock … Read more
Broadcom Inc. stock experienced a strong performance compared to its competitors on a positive trading day. The company’s stock outperformed others in the market, showing resilience and potential for growth. Investors showed confidence in Broadcom Inc., driving the stock price higher and outpacing its industry peers. The positive trading day signals strong market sentiment towards … Read more
Broadcom Inc.’s stock saw a significant uptick in trading on Tuesday, outperforming its peers in the technology sector. The company’s shares climbed as investors showed confidence in the semiconductor manufacturer’s future prospects. The strong performance of Broadcom’s stock came amidst a generally positive day for the market as a whole. The surge in trading activity … Read more
AMD’s latest AI GPU flagship, the MI300X, competes with NVIDIA’s H100 and upcoming H200 with rumors of the MI325X, MI350, and MI400 models. Tests by Chips and Cheese found that the MI300X often outperforms the H100 in low and AI tiers, with impressive cache performance due to its unique architecture. The MI300X’s cDNA 3 architecture … Read more
Nutanix is thriving as it shifts towards software-only sales, with its software-defined hyper converged infrastructure solutions supporting multi-hypervisor and multi-cloud environments. The company’s built-in hypervisor, AHV, is gaining popularity as a cost-effective alternative for customers. In the last quarter, Nutanix saw a 13.7% year-over-year increase in software and support revenues, with AHV adoption rising by … Read more
Citrix Systems recently reported quarterly earnings of $1.52 per share, exceeding the Zacks Consensus Estimate of $1.24 per share and showing an increase from $1.40 per share a year ago. The company has surpassed consensus EPS estimates three times in the last four quarters. Revenues for the quarter ended September 2019 also beat estimates, coming … Read more
s recently published an article highlighting the benefits of investing in oil stocks as an alternative to popular tech companies like Nvidia. The reasoning behind this recommendation is that oil stocks have historically been a reliable investment choice, offering stability and potential for strong returns. The article points out that while tech companies like Nvidia … Read more
Stock market trends are crucial for investors, with a focus on price trends. Three stocks, Oracle, Casey’s General Stores, and FedEx, are showing impressive price trends poised for gains in the second half of the year. Oracle broke out of a triangle pattern, with projections putting targets between $160 and $169 in the short term … Read more
Cisco Systems (CSCO.US) is expressing optimism about the growth potential of their electric vehicle business in China. Ming Wong, the vice president and CEO of Greater China at Cisco Systems, shared this positive outlook in a recent CNBC report. The company sees significant opportunities in the electric vehicle market and is looking to expand its … Read more